110 Sea Shells Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
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| May 22, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by Gibson Sotheby's International Realty | $4,995,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Turnkey waterfront home with sweeping Nantucket Sound views. Perched above 150' of private sandy beach, this contemporary home was renovated from the ground up in 2019 to capture compelling views from almost every room. The meticulously maintained interior features an open floor plan stylishly blending a chef's kitchen, dining area and living room with stunning floor-to-ceiling windows, a Tulikivi soapstone wood-burning fireplace and custom built-ins. The en-suite primary bedroom includes a private deck, perfect for enjoying breathtaking sunrises. Other amenities include an office, a large loft with built-in bunk beds, a laundry room and climate-controlled wine storage. The exterior boasts extensive custom stonework, an expansive wrap-around deck and a protected patio with a built-in grill, garden shed outdoor shower and private steps down to the beach. With extensive solar panels, 3 Tesla Powerwall batteries and a Tesla EV charger, this property is eco-friendly and energy-efficient.
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| Nov 15, 2016 | Sold | ||
| Sold | |||
| Mar 1, 2016 | Listed by Buyer Brokers of Cape Cod,Churchill Associates | $1,999,900 | |
| Listed by Buyer Brokers of Cape Cod,Churchill Associates | |||
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Endless ocean views. Best waterfront buy on Cape Cod with almost 150+ of private beachfront on Nantucket Sound. Privately located at the end of a cul-de-sac. South facing with panoramic views. Post & Beam, passive solar. Listen to the calming waves. View of the ocean from almost every room of the house. Direct beach access. Catch both the Sunrise and Sunset off the large expansive wrap around deck. Great opportunity for the discerning buyer.. Some TLC needed. Title V approved, town water, large footprint. Great rental history. Take it or leave it - 2016 summer rental income. *Furnishings neg.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017